Cosmos Hub Proposal 853 suggests to allocate 600k ATOM as Protocol Owned Liquidity for stkATOM by pSTAKE on Astroport on Neutron and Dexter on Persistence to help grow $ATOM liquid staking ⚛️ The proposed 'Liquidity-as-a-Service' (LaaS) holds the power for $ATOM to 1️⃣ Generate revenue for the Cosmos Hub 2️⃣ Strengthen itself at the centre of Cosmos LSTfi 3️⃣ Diversify the Community Pool’s exposure to ATOM LSTs 4️⃣ Increase stkATOM (liquid staking) demand with stronger stkATOM-ATOM peg, increased LSM usage on pSTAKE, and additional collateralization opportunities 5️⃣ Align ecosystems within and outside the ‘ATOM Economic Zone’ In return, the $PSTAKE governance has already committed to sharing 15% of pSTAKE's total ATOM liquid staking revenue with the Cosmos Hub and waiving off the liquid staking protocol fee for the entire duration of the Cosmos Hub providing this LaaS for stkATOM 🤝 Voting ends on 5 December 2023 🗳 ℹ️ Mintscan 🐸 Leap Wallet 🔭 Keplr Wallet

Cosmos Hub Proposal 853 suggests to allocate 600k ATOM as Protocol Owned Liquidity for stkATOM by pSTAKE on Astroport on Neutron and Dexter on Persistence to help grow $ATOM liquid staking ⚛️ The proposed 'Liquidity-as-a-Service' (LaaS) holds the power for $ATOM to 1️⃣ Generate revenue for the Cosmos Hub 2️⃣ Strengthen itself at the centre of Cosmos LSTfi 3️⃣ Diversify the Community Pool’s exposure to ATOM LSTs 4️⃣ Increase stkATOM (liquid staking) demand with stronger stkATOM-ATOM peg, increased LSM usage on pSTAKE, and additional collateralization opportunities 5️⃣ Align ecosystems within and outside the ‘ATOM Economic Zone’ In return, the $PSTAKE governance has already committed to sharing 15% of pSTAKE's total ATOM liquid staking revenue with the Cosmos Hub and waiving off the liquid staking protocol fee for the entire duration of the Cosmos Hub providing this LaaS for stkATOM 🤝 Voting ends on 5 December 2023 🗳 ℹ️ Mintscan 🐸 Leap Wallet 🔭 Keplr Wallet

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